S&P 500 Could Top 4,000 in Eight Years and It's Not Because of Trump
- 85-Year chart shows clear uptrend for U.S. stocks benchmark
- Internet bubble was only time index exceeded the upper bound
What's Supporting the Global Rally in Equities?
This article is for subscribers only.
Donald Trump’s first five weeks on the job have been pretty good for the stock market. By one measure, investors haven’t seen anything yet.
Based on technical analysis, where past charts are studied for clues on where a stock or index is headed regardless of fundamentals, an 85-year trend for the S&P 500 Index shows the equity benchmark could rise past 4,000 in the next eight years -- an 81 percent increase from its Monday close of 2,362.18.